Citibank Personal Loan

Citibank Personal Loan is a fixed rate unsecured personal term loan for individuals who require extra funds for personal use.

30-minute loan approval is only applicable to salaried applicants and available during banking hours on business days via submissions at selected Citibank branches (Jalan Ampang, Puchong, Taipan USJ, Penang & Johor Bahru).

Benefits at a glance

• Affordable interest rate with monthly instalments from as low as RM150.
• Approval within 30 minutes*.
• No processing fees.
• No collateral / guarantor required.
• Next-business day disbursement via Interbank GIRO

Eligibility

• Minimum age of 21 up to a maximum of 60 years old at the time of the loan maturity.
• Malaysian citizen or P.R. working in Malaysia.
• Holding any bank's credit card/personal loan/home loan/hire purchase for at least 1 year.
• Income and documents required. 

Fees and Charges

1-time Stamp Duty (Ad Valorem)	0.5% of approved loan amount.
Early Settlement Fee	RM200 or 3% of outstanding balance, whichever higher, if loan is settled within first 2 years or before reaching half the tenure, whichever earlier.
Late Payment Charge (in addition to prescribed rate)	1% p.a. charged daily on past due amount.

What do I get from this product?

• Principal Loan Amount
  Minimum of RM5,000 and a maximum of RM120,000 depending on individual credit assessment.
• Loan repayment tenure options
  24, 36, 48 or 60 months
• Prescribed Rate
  Your Prescribed Rate will be at an effective interest rate of 16.40% per annum. For your ease of comparison, the equivalent flat interest rate is approximately 9% to 9.4% per annum.
  
  
  • Terms & Conditions apply
  • Monthly instalment of RM150 is based on RM5,000 loan across 4 year tenure at an effective interest rate of 16.4% per annum (equivalent to 9.3% flat per annum).
  • *30-minute loan approval is only applicable to salaried applicants and available during banking hours on business days via submissions at selected Citibank branches (Jalan Ampang, Puchong, Taipan USJ, Penang & Johor Bahru) and starts from the time of complete documents submission, subject to further information or documents as required.
  • Same -day-cash' disbursement can be made if you have an existing Citibank Current or Savings account. Citibank shall not be liable for any delay occasioned by technical or other reasons beyond the reasonable control of Citibank.
  • Final loan approval and rate are subject to Citibank's assessment and review.